Lawmakers close in on extending housing support
October 30, 2009
U.S. lawmakers on Thursday approved a measure to extend a government prop to the mortgage market, hoping to keep borrowing costs low and foster […]
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Monthly Archive October, 2009
Home credit extension widely supported in Senate
October 29, 2009
The U.S. Senate’s top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left […]
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UBS looks to rebuild U.S. unit with new head
October 28, 2009
Robert McCann, who starts work as head of Swiss bank UBS’s U.S. wealth management unit on Tuesday, said he had no plans to sell […]
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Lenovo expects big PC sales boost from Windows 7
October 26, 2009
Lenovo, the world’s fourth-biggest personal computer maker, expects a boost in its PC sales from the launch of Microsoft’s new operating system, Windows 7, […]
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JAL faces $8.8 billion excess debt if liquidated: source
October 23, 2009
Liabilities at Japan Airlines Corp would exceed its assets by as much as $8.8 billion if Asia’s largest airline by revenues were liquidated, a […]
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Merck in a post-blockbuster world
October 22, 2009
When Richard Clark was named CEO and president of Merck in 2005, the drug behemoth was reeling in the wake of the Vioxx scandal, […]
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Fewer holiday goods spur U.S. retail scramble
October 21, 2009
Proof of the anxiety U.S. retailers are feeling this holiday season lies in a pile of new department store orders on Gene Zuckerman’s desk.
The […]
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CIT amends restructuring plan with bondholders
October 19, 2009
Commercial finance company CIT Group Inc and a group representing its bondholders have agreed on changes to the company’s proposed restructuring plan as it […]
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N.Z. Will Begin Raising Rates in July, JPMorgan Says
October 12, 2009
New Zealand’s central bank will wait until July before starting an “aggressive” series of increases in the benchmark interest rate, said JPMorgan Chase & […]
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Consumer credit dives for 7th month
October 10, 2009
Consumer credit pulled back for the seventh straight month in August, led by a steep decline in credit card usage, a government report said […]
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